Paidright

PaidRight is a specialized company that focuses on payroll compliance, ensuring businesses pay their employees accurately and in accordance with legal agreements and contracts. The company serves a diverse range of clients, primarily in industries like hospitality, where payroll complexities are common. PaidRight operates in the payroll compliance market, offering a robust system that analyzes employee shifts against contracts, legal agreements, and legislation to provide enterprise-wide transparency.

The business model is based on a SaaS (Software as a Service) platform where clients upload payroll data in standard CSV format. PaidRight's team and product handle the data processing, eliminating the need for clients to spend hours on data treatments. The company also offers expert interpretation of relevant awards or enterprise agreements, which can be customized to fit the client's operational needs.

PaidRight generates revenue through subscription fees for its platform and additional services like customized award interpretations and compliance reviews. The company was initially established as a collaborative venture between PwC Australia and CSIRO's Data 61, aiming to restore trust between employees and employers regarding pay.

Keywords: payroll compliance, data analysis, award interpretation, SaaS, hospitality industry, employee pay, enterprise transparency, legal agreements, subscription model, PwC Australia.